Tag Archives: Trump Organization

Think Progress reports: The Embassy of Kuwait allegedly cancelled a contract with a Washington, D.C. hotel days after the presidential election, citing political pressure to hold its National Day celebration at the Trump International Hotel instead. A source tells ThinkProgress that the Kuwaiti embassy, which has regularly held the event at the Four Seasons in Georgetown, abruptly canceled its reservation …

CNN reports: Before President-elect Donald Trump heads to the White House on January 20, he will find himself back in the witness chair for questioning in his ongoing contractual dispute with celebrity chef, Jose Andres. DC Superior Court Judge Jennifer A. Di Toro ruled Wednesday that Trump must sit for a deposition in New York City the first week of …

Politico reports: Five Democratic senators on Thursday unveiled a bill they plan to release next month that would require Donald Trump to divest assets that risk a conflict of interest and place the proceeds in a blind trust as well as require his appointees to step aside from official decisions that could benefit him. The legislation previewed by Sens. Elizabeth …

The Hill reports: President-elect Donald Trump will be in breach of contract with the General Services Administration (GSA) over his Washington, D.C. hotel when he takes office, according to a letter sent to the agency by Democratic lawmakers. The letter was sent to the GSA by Reps. Elijah Cummings (D-Md.), Peter DeFazio (D-Ore.), Gerry Connolly (D-Va.) and Andre Carson (D-Ind.). …

Politico reports: Donald Trump is promising to refrain from launching any new business deals during his time in the White House, and the president-elect also said late Monday night he plans to hand over operations of his sprawling company to his two adult sons but not his oldest daughter, Ivanka. The businessman offered details on the future of his financial …

Politico reports: President-elect Donald Trump announced Wednesday morning that he will leave his “great business in total in order to fully focus on running the country” in the White House. The Manhattan billionaire made the announcement on Twitter and said he will hold a formal press conference to discuss it further on Dec. 15. Trump promised throughout the presidential campaign …

Via Mediaite: In his on-the-record chat with The New York Times, Donald Trump dismissed concerns about any potential conflicts between his duty as president and his business interests, saying that it was impossible for the president to even have conflicts of interest to begin with. Trump continued, saying that the law doesn’t require him to set up a trust and …

Raw Story reports: Donald Trump’s promises to “drain the swamp” of Washington corruption are becoming more of a punchline for his detractors as more information about his conflicts of interest piles up. Appearing on CNN Tuesday, Democratic strategist and former Clinton White House aide Keith Boykin ripped Trump for his multiple shady dealings in the two weeks since he’s been …

From the editorial board of the New York Post: Of all the issues facing the president-elect and his brain trust, the question of how to avoid conflicts of interest with his global business may be the thorniest. It’s already raising real questions — over diplomats who opted to stay at a Trump hotel to maybe score points, and the Indian …

The New York Times reports: Donald Trump will use no charitable funds to pay off a $25 million settlement of fraud lawsuits against his defunct real estate seminar program, Trump University, an attorney for his business said Monday. Trump agreed Friday to pay the money to former customers of the program, settling two California lawsuits and one filed by New …

Law Newz reports: Steven Schooner, a law professor at George Washington University, raised serious legal concerns about Donald Trump and his ongoing interest in Trump International Hotel in Washington D.C., especially after a report in The Washington Post that said foreign diplomats felt pressure to stay there. He’s not the only legal expert to raise constitutional questions. The Trump Organization …

The Washington Post reports: At least 111 Trump companies have done business in 18 countries and territories across South America, Asia and the Middle East, a Washington Post analysis of Trump financial filings shows. The business interests range from sprawling, ultraluxury real estate complexes to one-man holding companies and branding deals in Azerbaijan, Indonesia, Panama and other countries, including some …

Bloomberg reports: Three of President-elect Donald Trump’s children will run his Trump Organization during his time in office, the company said Friday. “We are in the process of vetting various structures with the goal of the immediate transfer of management of The Trump Organization and its portfolio of businesses to Donald Jr., Ivanka and Eric Trump along with a team …

From this week’s cover story in Newsweek: Over the course of decades, Donald Trump’s companies have systematically destroyed or hidden thousands of emails, digital records and paper documents demanded in official proceedings, often in defiance of court orders. These tactics—exposed by a Newsweek review of thousands of pages of court filings, judicial orders and affidavits from an array of court …